Federal judge signs agreement to keep Crozer Health open for 30 days in Delaware County
Under the agreement between the Pennsylvania attorney general and Prospect Medical Holdings, a temporary manager will take charge of Crozer-Chester Medical Center in Upland and Taylor Hospital in Ridley Park. A bankruptcy judge in Texas signed off on the deal.
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FTI Consulting will manage Crozer Health System preventing hospital, facility closuresThe fate of Crozer Health, vital to Delaware County, has been decided in a Dallas, Texas court where a federal bankruptcy judge is ruled on its future. Here's what we know.
Prospect Medical Holdings has struggled under piles of debt and rising expenses, leading it to file for Chapter 11 bankruptcy ...
Insiders tell CBS News Philadelphia conditions at Crozer Chester Medical Center were already dire. Now, emotions are running even higher after Prospect Medical Holdings, the company that owns the ...
Banrkupt Prospect Medical Holdings said Friday it intends to sell Crozer Health, its four-hospital health system based in Pennslyvania, to an unnamed consortium of nonprofit healthcare operators ...
While it’s encouraging to see continued stability in hospitals’ financial well-being over the past 12 months, historically slim margins indicate hospitals are not yet in a fully sustainable position,” ...
The Prospect Medical bankruptcy filing comes as the possibility of a state takeover of Crozer Health looms. The parent company of Crozer Health has filed for bankruptcy protection as the prospect ...
Keystone Quality Transport, an outside transfers vendor, ended its contract with Crozer on Jan. 17. The transfer company said the health system owed it $267,000 before Los Angeles-based Prospect ...
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